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After successfully launching Poland on two decades of sustained economic growth, Leszek Balcerowicz, professor at the Warsaw School of Economics, examines the state of the euro zone and the European economy and makes concrete suggestions for better monetary policy, fiscal strategy, structural reform and budget consolidation. The e-book is part of the Growth and Competitiveness Initiative, a multi-year research project, which will be headed by Prof Balcerowicz and managed by the Lisbon Council.